Housing/Real Estate

The story for housing in Clark County mirrors much of what happened throughout the United States, and especially the West, during the most recent recession.
Home prices, which had risen to historically high levels, dropped significantly. While this had major consequences for homeowners and those in the
construction industry, the sector is showing signs of having hit bottom and is beginning to turn upward again.

For those moving to the area, housing in Clark County is at a more affordable level with a variety of options available in both new and existing homes.
Housing in the Las Vegas Valley has begun to see an increase in new home sales as well as an increase in home prices and construction permits.
Median prices for both new and existing homes in Las Vegas rose in August 2012−one of the best months for housing since 2008.
With mortgage interest rates at extremely low levels, the local housing market it poised for a significant resurgence.